Page 5 - Jonathan Mott News Today

While the global financial markets mull the importance of the RBA’s go-slow, some local home owners will have more pressing concerns. 

NAB’s June quarter numbers show interest rates aren’t hitting the housing market yet. The pain will arrive, but the banks start in a good position.

The RBA governor and treasurer have to get inflation down. They must block out the noise and press ahead in the long-term national interest, but it won’t be popular.

ANZ is ready to paint the town blue, but investors are conscious of the timing and cost.

Memphis FilmWorks said that the event is free and support for the students participating in the competition is welcomed.

Morgan Stanley boss James Gorman delivered the frightening forecast about the expansionary mindset that drove the export of buy now, pay later from Australia.

A middling result and the end of ANZ’s cost reduction target will challenge the market’s confidence in Shayne Elliott’s growth strategy, even as rates rise.

Expect margins to contract even more as reporting season kicks off but as interest rates rise, there are still plenty of headwinds for the big banks.

The jury is out on whether lenders can hang onto the windfall from higher interest rates.

Bank stocks have jumped on the prospect of rate hikes, but rising funding costs and competition concerns could blunt any margin boost.